Thursday, December 26, 2019
Article Review U.S. Consumer Prices Held in Check in...
The economy has been turbulent over the last few years, to say the least. Nearly everyone has been affected in one way or another. The article entitled ââ¬Å"U.S. Consumer Prices Held in Check in Januaryâ⬠describes the current economic situation in the United States and even abroad. At one point in time deflation was among the many concerns on everyoneââ¬â¢s mind, but the article states that deflationary worries can now be a thing of the past. In fact, consumer prices are now on the rise which can largely be tied to rising energy prices. There are many macroeconomic indices which are touched upon in the article. The primary focus of the article is consumer price index (CPI), which has increased $1.6% over the last twelve months (Hauser, 2011). Inâ⬠¦show more contentâ⬠¦The FED decided to carry out its bond purchasing program in August to help prevent deflation (Hauser, 2011). The article could have turned out much differently if the FED did not step up and take act ion. In addition the FED has the authority to adjust interest rates in accordance with the current economic condition. Currently the FED is willing to curb inflation by adjusting the interest rates at a momentââ¬â¢s notice (Hauser, 2011). The FEDââ¬â¢s invisible hand can sometimes help prevent major economic disasters. The living standards around the world vary greatly. Productivity is directly linked to a countryââ¬â¢s standard of living. Productivity is the quantity of goods and services produced from each unit of labor input (Mankiw, 2008). Essentially, in countries where workers are more productive they generally enjoy a higher standard of living and vice versa. Britain has a standard of living which is very similar to that of the United States. Britain is currently suffering from economic hardships as well. Britainââ¬â¢s inflation rate hit four percent which is the highest level in two years. The rate of inflation in Britain can be directly linked to increased prices for commodities (Hauser, 2011). It seems that countries with higher living standards are better able to weather economic storms and can cope with increasing prices better than struggling nations. The price of food andShow MoreRelatedFedex Five Porters Forces and Swot Essays2618 Words à |à 11 PagesIntroduction There is no doubt that FedEx Freight is a leading U.S. provider of less-than-truckload (LTL) freight services. It is known for exceptional service, reliability and on-time performance. (History of FedEx Operating Companies About FedEx) With the rapid rise of virtually instantaneous electronic mail, some wondered if FedEx overnight mail delivery was as important as it was in the past. Margaritis pointed out that the company received only 9.3 percent of its revenue from overnight expressRead MoreThe U.S. National Debt and Selected Reduction Plans and Interest Group Positions2037 Words à |à 9 Pagesof the public debt at last count in January 2012 (The Bureau of Public Debt). Even at the current higher-than-average national average gas price of $3.51 that could buy more than four trillion gallons of gas (Pankratz). Thatââ¬â¢s enough gasoline to drive a Hummer H2 around the equator of the Earth one hundred and seventy-five million times. It is also 31 times the U.S. yearly consumpti on of gasoline(U.S. Department of Energy). The ratio of government debt held by the public to current dollar grossRead MoreEssay on American Airlines3778 Words à |à 16 Pagesï » ¿ Table of Contents Abstract 3 Situation Analysis 3 Strengths, Weaknesses, Threats, and Opportunities 4 Re-Branding 6 Pricing Strategy 8 Service Marketers 9 Future 12 Summary 12 References 13 Abstract In this case study we will review the new strategic business plan of American Airlines, and how they are responding to changes in the marketplace to compete in the modern era. We will also analyze the advantages of rebranding efforts, the effectiveness of existing practices of the airline andRead MoreIndiaââ¬â¢s Ban of Chinese Toys- Wto Report8553 Words à |à 35 PagesChinese toys, at World Trade Organization. It felt that the ban amounted to violating the WTO laws. The ban is on account of Chinese toys containing excessive poisonous lead and dangerous magnets. Details about the Ban When was the ban imposed: January 2009 Why was the ban imposed: Health and safety faced by users of Chinese toys (Kids). Duration of Ban: 6 months but was extended conditionally till Jan 2010 Which items were specifically banned: * ITC Codes 9501 : Wheeled toys designedRead MoreCostco: Internal/External Analysis Essay7782 Words à |à 32 Pagesmembership warehouses, mainly under the Costco Wholesale name, that carry quality, brand name merchandise at substantially lower prices than the merchandise typically found at conventional wholesale or retail sources. The warehouses are designed to help small-to-medium-sized businesses reduce costs in purchasing for resale and for everyday business use. Individual consumers may also purchase for their personal needs. Costcos warehouses present one of the largest and most exclusive product categoryRead MorePharmaceutical Price Controls in the Oecd Countries47662 Words à |à 191 PagesPharmaceutical Price Controls in OECD Countries Implications for U.S. Consumers, Pricing, Research and Development, and Innovation U.S. Department of Commerce International Trade Administration The International Trade Administration (ITA) has as its mission the creation of economic opportunity for U.S. workers and firms by promoting international trade, opening foreign markets, ensuring compliance with trade laws and agreements, and supporting U.S. commercial interests at home and abroadRead MoreEssay on Walmart16417 Words à |à 66 Pagesgenerated 51 percent of its US$258 billion sales in the U.S. from grocery business.[8] It also owns and operates the Sams Club retail warehouses in North America.[9][10] Walmart has 8,500 stores in 15 countries, under 55 different names.[11] The company operates under the Walmart name in the United States, including the 50 states and Puerto Rico. It operates in Mexico as Walmex, in the United Kingdom as Asda, in Japan as Seiyu, and in India as Best Price. It has wholly owned operations in Argentina, BrazilRead MoreBuss Plan12286 Words à |à 50 PagesSales projections a. Pessimistic b. Optimistic c. Realist 11. Exhibits a. Materials Cos ts b. Sample Rent Comparison c. Vanilla Cupcake Cost Breakdown d. Coconut Cookie Cost Breakdown e. Sample Media List f. Sample Vegan Recipes g. New York Times Article 12. Appendix Executive Summary Executive Summary The proposed company, Bon Bon Appetit, is in the early stages of development. Bon Bon Appetit will be a specialty bakery, focused on providing organic, vegan, and gluten-free baked goods toRead MoreRyanair Analysis and Strategic Recommendation10672 Words à |à 43 Pagesexperienced top management, Ryanair has been very successful following a cost leadership strategy, partially achieved by a ââ¬Å"no-frillsâ⬠service strategy. External influences such as the European economic crisis, aviation deregulation, and rising oil prices have created opportunities or threats to Ryanair, and internal weaknesses such as unethical behavior have created issues as well. To address this, our team has created two recommendations for strategic change: correct unethical behavior and developRead MoreBurning Down the House: Mortgage Fraud and the Destruction of Residential Neighborhoods11800 Words à |à 48 Pagesmortgage fraud from predatory lending. In predatory lending cases the borrower is vic timized by the illegal practices of the lender or its agents with respect to fees and disclosures relating to the cost of the loan. It is unfortunate that the media, consumer activists, legislators and law enforcement personnel frequently conflate mortgage fraud with predatory lending since it adds unnecessary confusion to an already complex issue and diverts attention and badly needed resources from the fight against
Tuesday, December 17, 2019
Using Solid Liquid Extraction Of Caffeine From Tea Leaves
The purpose of this experiment was to use solid-liquid extraction to isolate a crude sample of caffeine from tea leaves and then subsequently purify the isolated sample via sublimation. The two solvents used in the extraction were water and dichloromethane. In addition to caffeine, tea leaves also contain other compounds that must be dealt with including cellulose, proteins/pigments, tannins, and saponins. Cellulose is not soluble in water as a result of its high molecular weight and thereby does not dissolve in water during the boiling process. Proteins and pigments are highly soluble in water and thereby do not present any problems since caffeine is being extracted into the organic layer. Tannins are soluble in the organic layer and can become problems when trying to isolate just caffeine. To deal with Tannins, we add weakly basic CaCO3 during the boiling process so that the ester bonds in Tannins are cleaved thereby producing their corresponding calcium salts, which become water-s oluble. Saponins cause increased solubility of organic molecules in the aqueous layer and are dealt with by salting out the aqueous layer so that it becomes more polar leading to decreased organic solubility in it. Moreover, saponins can cause emulsions to form because of their membrane like properties and this can be dealt with via centrifugation prior to each extraction. Following extraction of caffeine in dichloromethane, the organic solvent can be evaporated so that a crude sample of caffeineShow MoreRelatedEffectiveness Of An Extraction Process And Purification Process955 Words à |à 4 Pageseffectiveness of an extraction process and purification process by sublimation is observed and used to selectively separate caffeine from teabags. In the first part of the experiment, water soluble materials, including caffeine, within the teabags are extracted into hot water because the solubility of caffeine in water increases as temperature increases. This is due to the concept that in creasing kinetic energy through increasing temperature will allow the molecules in the solute to break apart from the intermolecularRead MoreExtraction of Caffeine from Tea Leaves1151 Words à |à 5 PagesExtraction of Caffeine from Tea Leaves Introduction Caffeine is soluble in boiling water and as a result it is easily extracted from tea bags by steeping in hot water. This process leaves behind the water insoluble portions of the tea bag. However, water extracts more than just caffeine, so a final separation is done with an organic solvent that will dissolve primarily caffeine. The organic solvent used in this experiment is Dichloromethane (CHâââClâââ). Dichloromethane is less polar than waterRead MoreEssay Separation of Benzoic Acid and Acetanilide1243 Words à |à 5 PagesReport 13 October 2011 Table of Contents Separation of Benzoic Acid and Acetanilide 3 Extraction and Purification of Caffeine from Tea 4 Extraction of Trimyristin from Nutmeg 5 Conversion of t-butanol to t-butyl chloride 6 Appendix 7 Calculations 8 Literature and Experimental Values of Benzoic Acid and Acetanilide 9 Experimental Caffeine IR 10 Literature Caffeine IR 11 Experimental Trimyristin IR 12 Literature Trimyristin IR 13 Experimental Tert-Read MoreExtraction Of Caffeine From Tea1878 Words à |à 8 Pages EXTRACTION OF CAFFEINE FROM TEA Abstract The method used to separate the organic compound from a mixture of compound is the extraction. It is done by the dissolving of one or more compounds in a good solvent. The solvent which was used in this experiment was 15 ml of dichloromethane into 125ml of water. Caffeine was extracted from 9.19 g of TAZO Awake English Breakfast. Caffeine is soluble in water in 2.2 g/ml at 20 C; it is more soluble than dichloromethane which has 10.2g/ml at 20Read MoreUsing The Solid Liquid And Liquid Extraction Techniques For Extract A Strong Acid1613 Words à |à 7 Pages Extraction Aleigha Spaulding Joseph Osazee 10-6-15 Abstract: This report presents the percentage recoveries found when using the solid-liquid and liquid-liquid extraction techniques to extract a strong acid, weak acid, base, and neutral compound from a mixture. During the solid-liquid section of the experiment, 0.5 M NaHCO , 0.5 M NaOH, 0.5 M HCl, and distilled water are used to dissolve and separate the acid, phenol, and amine solutions from the mixture, leaving the neutralRead MoreMethods Of A Solvent System For Extraction1652 Words à |à 7 PagesIntroduction Extraction is a technique that is commonly used to separate mixtures, despite whether the components are solids or liquids. One of the most well-known examples of extraction is the brewing of tea or the making of coffee. Every pot of coffee or cup of tea involves solid-liquid extraction. The soluble flavor and caffeine are extracted from the solid tea leaves or ground coffee beans into hot water (the solvent). Insoluble plant material is left behind in the tea bag or coffee filterRead MoreEssay Acid Base Extraction1511 Words à |à 7 Pages Acid Base Extraction The purpose of this laboratory assignment was two-fold, first, we were to demonstrate the extraction of acids and bases, finally, determining what unknowns were present. Second, we were to extract caffeine from tea. These two assignment will be documented in two separate entities. Introduction: Acid/base extraction involves carrying out simple acid/base reactions in order to separate strong organic acids, weak organic acids neutral organic compounds and basic organic substancesRead MoreIsolation of Caffeine from Tea Leaves1831 Words à |à 8 PagesIsolation of Caffeine from Tea Leaves Introduction Caffeine is a member of the class of compounds organic chemists call alkaloids. Alkaloids are nitrogencontaining basic compounds that are found in plants. They usually taste bitter and often are physiologically active in humans. The names of some of these compounds are familiar to you even if the structures arenââ¬â¢t: nicotine, morphine, strychnine, and cocaine. The role or roles these compounds play in the life of the plants in which they are foundRead MoreOrganic Lab3305 Words à |à 14 Pagesof an organic compound? Soluble impurities affect the melting point of a solid in the following manner. a. The presence of an impurity in the molten compound reduces its vapor pressure thus lowering the melting point of the compound. b. Broaden the melting point range. 2. For what tow purpose are melting points routinely used a. To determine the identity of an organic solid. b. To determine the purity of an organic solid. 3. What effects on the measured melting point would you expect in eachRead MoreTea Beverage (Jamaica Cherry)7403 Words à |à 30 Pageshttp://www.rollybrook.com/carnitas-3.htm Compositional and Sensory Evaluation of Jamaican Cherry (Muntingia calabura) Leaf Tea Substitute A Thesis Presented to the Department of Food Technology College of Education University of Santo Tomas In Partial Fulfillment of the Requirements for the Degree of Bachelor of Science in Food Technology Janerica C. Camacho Gracia Remedios Veronica V. Em Amy M. Tolentino Kristine U. Villaruel Dyann Aissa B. Yu March 2011 CERTIFICATE OF APPROVAL
Monday, December 9, 2019
Analysis of the Character ââ¬ÅSammyââ¬Â free essay sample
Sammy realizes that life isnââ¬â¢t always fair and that sometimes it involves the consequences that life can deal to anyone who has not had time to test a rash decision. Updikeââ¬â¢s story illustrates that a part of growing up is a willingness to accept consequences of oneââ¬â¢s choices, and that lifes hardest lessons are sometimes learned a little too late. This story represents a coming-of-age for Sammy, as seen through his evaluations of the costumers as the story develops. Though it takes place over the period of a few minutes, it represents a much larger process of Sammyââ¬â¢s growth. From the time the girls enter the grocery store, to the moment they leave, you can see changes in Sammy. At first, he only notices the physical appearance of the girls:à how they look and what they are wearing, seem to be his only thoughts. As the story progresses, he notices the interactions between the girls, and he even determines the hierarchy among them: ââ¬Å"She was the queen. We will write a custom essay sample on Analysis of the Character ââ¬Å"Sammyâ⬠or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page She kind of led them, the other two peeking and making their shoulders round. She didnââ¬â¢t look around, not this queen, she just walked straight on slowly, on these long white prima-donna legsâ⬠(Updike 132). He observes their actions and how they affect the other customers of the grocery store. Rather, how the other people view the girls actions. His thought process is maturing and he starts to see things as an adult might see them, in some ways preparing him for the results of the decision that he will soon make. From the beginning of the story, it is clear that Sammy in no way likes his job, nor is he fond of the customers and people he is surrounded by each day. To Sammy, they are nothing more than ââ¬Å"sheepâ⬠going through the motions f life. ââ¬Å"I bet you could set off dynamite in an Aamp;P and the people would by and large keep reaching and checking oatmeal off their lists and muttering. Let me see, there was a third thing, began with A, asparagus, no, ah, yes, applesauce! ââ¬â¢ or whatever it was they do mutterâ⬠(Updike 133). He views them negatively; to him they are boring and useless, living mundane and unimportant lives and its obvious through Sammys portray al of them that he doesnt want to ever become one of them, nor does he want to be around them any longer. Besides Sammy, it seems that the other workers at Aamp;P feel the same way the about the job being boring as he does, simply by the way they react to the arrival of the three unique teenage girls. Granted the only people working in the store are men, they still find the arrival of the girls to be extremely exciting and an event worth waiting for. ââ¬Å"The storeââ¬â¢s pretty empty, it being Thursday afternoon, so there was nothing much to do except lean on the register and wait for the girls show up againâ⬠(Updike 133). They take pleasure in the visit from the girls, and when they do arrive, Sammy makes it clear that he is not the only one captivated by them; McMahon at the meat counter is seen ââ¬Å"sizing up their jointsâ⬠(Updike 134) and Stokesie expresses a constant fixation with the girls as well, which he shares with Sammy the first time they come into the store. It also becomes clear that Sammy wants to know more about them through his fixation with them, which may add to the reason he wanted to quit; he hoped to captivate their attention and gain their praise. However, Sammy quitting is more for himself that the girls in the long run, after all if it was really for the girls he wouldve ceased quitting the moment the girls rushed out. However he proceeds even with the negative aspects attached. ââ¬Å" ââ¬ËSammy, you donââ¬â¢t want to do this to your Mam and Dad,ââ¬â¢ he tells me. Itââ¬â¢s true, I donââ¬â¢t. But it seems to me that once you begin a gesture itââ¬â¢s fatal not to go through with itâ⬠(Updike 195). Even though he knows this will be difficult for his family he continues to quit. On one hand, he is being mature by not backing down and changing his mind once he realizes the girls are gone, because he is right in that, when you make decisions you must follow through with them. On the other hand however his decision to quit was thoughtless, drastic, and an immature one to begin with. Sammy starts to feel, for the first time, that there is something out there that is better. He is ready to go find it. When he decides to quit his job, hastily as it may be, he is making the choice to be an individual, to venture into the unknown. It is something that he knows he has to do, so he does have some hesitation in ââ¬Å"removing the apronâ⬠(Updike 135). Once it has been removed, he knows that he cannot put it back on. This symbolizes his acceptance of having to move on in life. When the manager makes reference to Sammys decision and in its effect on his parents, it is a representation of Sammys coming-of-age. This may be a lesson for Sammy in which he learns from and gains some maturity; he learns that there are consequences and positives to every situation and it is his responsibility to deal with them as they arise.
Monday, December 2, 2019
Organizational Leadership free essay sample
Communication is key during these times of change, but many leaders do not take think about, or take into consideration how important relaying information about the change within the organization is. Unfortunately, leaders are quick to announce change surrounding the organization; however they seem to forget the impact that these changes will have on the business as a whole. The Genuine Company The Genuine Company is booming by leaps and bounds. Leadership for Genuine believes that it is time to get the word out about this company.Before the company can go public, some changes will need to happen within he structure of Genuine. Senior leadership has a few different ideas on what should occur. A few members of the leadership team think that this is the perfect time to go public, while some feel that the company is not ready yet, and by going public would be a big mistake (Genuine Scenario, 2009). We will write a custom essay sample on Organizational Leadership or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Some of the players in this scenario are Don Russ who is the Chief Executive Officer (CEO) of the Genuine Company. He realizes that the organization does not have any experience with Pops.He knows that before the Genuine Company goes public, it is vital to look into what is necessary for the company o go public. The Chief Financial Officer (GO) is Michelle. She thinks that going public with the company is a great idea, but she wonders if the timing is right. She is questioning if the Genuine Company will be able to prevail over recent bad publicity geared towards the industry. Dons niece, Tier, is Chief Technology Officer (COT) for Genuine. Tier appears opposed to the change, though has justifiable ideas on how the changes should take place.The Marketing Officer is Charles. He is exceptional in marketing, but has troubles concentrating on details (Genuine Scenario, 2009). Investigating the Genuine scenario was intriguing. Team C brought up how this change could affect the team leaders and the question was raised on who would be better suited to lead the company. In the Genuine scenario, one employee quit just before the company was planning to go public. This should not come as a surprise. People handle change differently.Some are able to embrace and accept change and there are those who resist change and will not accept anything new. To avoid this from happening, companies can make sure that communication is open, and consistent with their employees; and also asking or ideas and feedback from their workers so that they can feel a sense of ownership in the change. By doing this, it will make the employees feel like they are participating in the change. Having the employees kept informed and involved should lessen thoughts of insecurity within the company (Genuine scenario, 2009).Changes Needed prior to Going public There are specific items that can be done to make Genuine ready to go public. Greg and Michelle are leads in the human resources department. They can take a look at the Serbians-Solely Act (SOX Act). The SOX act is racial to the organization going public. The act affects the Gene One company in countless ways. This act involves the PIP board, which consists of independent directors and at least one of the members of the PIP board has to have a SCOFF or CPA background. The Genuine Company is to give the SEC financial documents which will be their responsibility.Michelle thinks that an external accounting firm will need to be hired to make sure all the numbers are accurate. From a human resources point of view, Greg felt that the executives and the board at Genuine would need to be making sure their ethos are on target, and is without any discrepancies. He also thought that the approach used to announcing the change to their workers about the organization going public would be important (Swallow. Com, 2009) (Genuine Scenario, 2009). Tier, the COT, is brilliant at creating new inventions, but she is opposed to change and expanding.Her way of thinking could save the company money due to costly mistakes or this could restrain the company towards new innovations. With Michelle financial background and Titers creativity, the Genuine Company could possibly achieve stability in financial ND creative responsibility. However, these two individuals do have their problems, but together they are quite productive in new ideas, and discussions (Genuine Scenario, 2009). The Situational Style of Leadership The situational style of leadership seems to be the best fit with the changes happening within Genuine.Leadership and management will need to adapt to the changes and cooperate in the entire shifting taking place between management and staff. Making sure that employees are kept current on all changes taking place at the Genuine Company will help ease tension and crease the amount of staff lost during this time of transition. For this scenario, the Situational Leadership style was chosen to implement changes within Genuine. This type of leadership style includes a number of styles and creates a balance in the decision-making process.A situational leader can adopt different styles of leadership depending upon the situation. It focuses on the situation at hand and how leaders manage change in the organization. Ken Blanchard and Paul Hershey were the first to introduce this concept of leadership (Chimaeras Consulting Limited, 1 999) (Genuine Scenario, 2009). Hershey and Blanchard noted in there retrospect of the Situational Leadership style that the name, and the theory had been inspired by the changing leadership style needed by parents as a child grows from infancy through adolescence to adulthood (Changings. Erg, 2009). It is apparent that the company, Genuine, could be regarded in this way of thinking. In this scenario, the leaders of the company act like parents and their children are the company, Genuine. When the company changes and expands, the way the company is managed does as well; which creates a balance between legislation behaviors and task. This type of style is a great way to manage a company and lead employees. The Situational Leadership Model is about being more effective as a leader.This involves matching your leader behaviors; behaviors you use when trying to influence someone else; with the performance needs of the individual or group that you work with. It is about adapting the directive and supportive behaviors you use to match the readiness of others to perform specific tasks or functions. The model is simple; it works, and achieves results (moonshine. Com, 2007). It is important o have leaders who are effective and supportive. Behaviors need to be Us ported so that changes can be implemented so that the company can go forward with going public. Genuine needs this type of leadership (Genuine Scenario, 2009). The End-Vision The end-vision for Genuine is to establish a new and improved product with a selection that can be capable of changing the existence of the population across the globe. The companys vision and mission is to make every effort to produce new and innovative technology that will lead to fresh, affordable, and healthy produce around the world. Genuine is dedicated and strives to do the right thing in making contributions to society and their stakeholders.Hopefully, this declaration will create a sense Of balance towards the reaction from the public with the company going public. This organization will be committed to their stakeholders, but also to the employees, and the organization as a whole. The Genuine Company needs to attract the interest of the public and all the citizens of the world and do what is best for all. Conclusion By implementing the changes above, the Genuine Company will ultimately hanged and improve the culture of the company and their products. Organizational Leadership free essay sample Severe negative financial position in the market and unprofitable operation with the following causal factors: Product Management: Poor product styling resulting in loss of market share greater than many other car manufacturerââ¬â¢s total production Decentralization: Too many vehicle platforms that made production inefficient and was further complicated by a plethora of suppliers and decentralized purchasing Communications: Poor communication practices and an absence of transparency (managers were unaware of production costs) Rigid compartmentalized organization (siloed) structure with minimal cross department interaction Weak channels to market with unhealthy channel conflict. Customer Wants / Needs: Lack of customer focus with reactive stance to competitor actions Cultural Constraints: keiretsu Culturally rooted business philosophy Slow, patient, caution, afraid of change culture in Japan with many failed attempts to address well known problems Supplier relationships based on cultural and regional ties restricting global expansion Question 3: Evaluate Ghosnââ¬â¢s first 100 days. Effective leader and/or manager? Ghosnââ¬â¢s first 100 days proved he is an effective leader, Per John P. Kotter, Leaders dont make plans; they dont solve problems; they dont even organize people. What leaders really do is prepare organizations for change and help them cope as they struggle through it.
Wednesday, November 27, 2019
Branding essay
Branding essay Branding essay Branding essayThe contemporary business environment stimulate companies to conduct more aggressive business strategies oriented on the creation of the attractive brand, while branding has become a part of the marketing strategy of many companies. In actuality, companies cannot ignore their branding policy, if they want to maintain a successful competitive position because customers often view brand as the determinant factor that influences their decisions. As a result, the brand popularity can determine the overall success of the company in the market. At this point, it is possible to refer to the case of Natural Kitchen, the company operating in restaurant and food industry. At the moment, the company considers the possibility of the accelerated brand development to enhance its competitive position and attract new customers. The shift toward the intensive implementation of the new branding strategy has become the result of tightening competition in the industry and increased demands from the part of customers, who look for reputable and reliable brands. In such a situation, the creation of the popular and attractive brand by Natural Kitchen can put the company in an advantageous position compared to its rivals. This is why Natural Kitchen should focus on the further development of its branding strategy and create a popular and attractive brand to maintain its competitive position through the attraction of customers and developing their loyalty to the brand.Background and industry contextNatural Kitchen is the company operating in the food and restaurant industry. Natural Kitchen has the main shop in Marylebone High Street, with a further two in Holborn Tower Hill. In addition, the company has its cafà © and restaurant business. The company focuses on the development of its food ââ¬Å"to goâ⬠or ââ¬Å"eat inâ⬠which offer a large selection of seasonal salads, quiches, soups, sandwiches, cakes and sweets, etc. These are complemented by freshly made juices, smoothies, milkshakes, teas coffees. The company also offers catering which provides full catering and events services as well as personal catering. Moreover, the company has its own chef and butchers which sell a wide range of high quality free range organic meats.In such a way, the company focuses on the diversification of its products offering a variety of food products that are attractive for customers. The current situation in the market is quite challenging for the business development of Natural Kitchen but still the company has good opportunities for the further business development on the condition of keeping customers interested in the brand of the company and its products (Mohrman, 2008). Today, customers are interested in healthy food products and Natural Kitchen can offer them such products. However, supplying healthy products means that they have to be seasonal wherever possible. Moreover, they should be organic that means that they should be supplied by far mers, who implement the organic farming which does not admit the use of chemicals and other elements which may be dangerous for the environment or human health. Instead, they use natural elements only that makes their products organic and, therefore, healthy, safe, and environment friendly.Another trend in the food industry is the free range of products. The elimination of fiscal barriers stimulates the fast development of free trade internationally. As a result, new products enter the UK food market and customers have virtually no limits on purchasing any product which they want and can buy in the food market today. At the same time, the quality of food products becomes prior to their quantity because customers grow more and more concerned about their health that means that the food they eat should be healthy too. In such a situation, the food industry faces back to basics trends, when the industry returns back towards simpler food. Alternatively, some companies introduce ââ¬Å"ne wâ⬠superfoods which are supposed to be safe and healthy.CompetitorsAt the moment, the competition in the food industry of the UK grows tighter because customers grow more and more concerned about their health, while food is crucial for the health of customers. As a result, they prefer healthy food to conventional food supplied by the industrial farming and companies selling those products. In such a situation, Natural Kitchen and its rivals take a very prospective and attractive niche in the food market. To meet the growing demand, many companies enter the healthy food market that tightens the competition in the industry. In actuality, Daylesford Organic is one of the major rivals of Natural Kitchen. The company operates successfully and holds a strong position in the UK market being of the major powers that threaten to the position of Natural Kitchen as the leader of the organic, healthy food industry. At the same time, other healthy take-away places also create a strong riva lry which Natural Kitchen has to deal with to maintain its successful marketing performance.Rationale for the brandââ¬â¢s evolutionIn the time of the tightening competition and new business opportunities, the company has to develop its brand and implement its aggressive, new branding policy to realize its full potential and take a stronger position in the highly competitive market. In such a situation, the brand evolution is essential to maintain the successful business development of Natural Kitchen. Otherwise, the company will steadily lose its position in the market and eventually the company may become unable to compete successfully, if it fails to enhance its brand over and over again.At the moment the company faces a number of threats, among which the emergence of many healthy alternatives is one of the main challenges to the current position of Natural Kitchen that requires the evolution of its brand and enhancement of its position in the market. In addition, the company f aces internal problems. For instance, the Cafà © Restaurant is very noisy from the ââ¬Å"kitchenâ⬠. Therefore, customers feel uncomfortable because the noise from the kitchen interferes into the communication and makes them feel tired soon, when they enter the Cafà © Restaurant. Furthermore, the Cafà © Restaurant should be at the same floor to create a better atmosphere. The creation of a warm, family-like atmosphere can help the company to attract more customers and develop the customer loyalty, if the company creates the image of the cafà © restaurant that is oriented on families. Therefore, children will develop the tradition of attending the cafà © and restaurant and may continue attending it in their adult life. Another problem the company faces at the moment is no hot food to takeaway. In such a way, customers, who may be willing to buy hot food to takeaway, may feel disappointed because the company cannot offer such products at the moment. In fact, the company has to stand out and differentiate its products and services from those of rivals and branding can help the company to create the new public image of the company that may attract more customers.In actuality, the company has a number of opportunities, which the new brand strategy can help to implement and give the company a strategic competitive advantage. At the moment, the company can expand in the UK nationwide to become one of the leaders in the industry. In a long-run perspective, the company can expand to other countries and operate internationally. In this regard, the popularity of healthy food grows stronger and the company can take advantage and expand its business internationally. In addition, the company can complete the transition from sell groceries to luxury supermarket, take a new niche of the market and entering the premium segment of the market. The company can develop the daily meal delivery to attract more customers and increase the customer satisfaction. However, to conduct the branding evolution more successfully, the company should develop more advertisement and use advertisement to promote the new brand. The advertisement will attract more customers and help the company to enhance its position in the market. Moreover, the advertisement will help Natural Kitchen to create a recognizable brand.Branding essay part 2
Saturday, November 23, 2019
English Skills for Information Technology
English Skills for Information Technology Computer specialists develop and maintain the computer equipment and software programs that form the basis of the Internet. They make up the majority of professional and related occupations and account for about 34 percent of the industry as a whole. Computer programmers write, test, and customize the detailed instructions, called programs or software, that computers follow to perform various functions such as connecting to the Internet or displaying a Web page. Using programming languages such as C or Java, they break down tasks into a logical series of simple commands for the computer to implement. Computer software engineers analyze user needs to formulate software specifications, and then design, develop, test, and evaluate programs to meet these requirements. While computer software engineers must possess strong programming skills, they generally focus on developing programs, which are then coded by computer programmers. Computer systems analysts develop customized computer systems and networks for clients. They work with organizations to solve problems by designing or tailoring systems to meet unique requirements and then implementing these systems. By customizing systems to specific tasks, they help their clients maximize the benefit from investment in hardware, software, and other resources. Computer support specialists provide technical assistance to users who experience computer problems. They may provide support either to customers or to other employees within their own organization. Using automated diagnostic programs and their own technical knowledge, they analyze and solve problems with hardware, software, and systems. In this industry, they connect with users primarily through telephone calls and e-mail messages. Essential English for Information Technology List of the Top 200 Information Technology Vocabulary Speak about development needs using modals Examples: Our portal needs an SQL backend.The landing page should include blog posts and an RSS feed.Users can access use the tag cloud to find content. Speak about probable causes There must have been a bug in the software.We cant have used that platform.They might test our product if we ask. Speak about hypotheses (if / then) Examples: If the zipcode textbox is required for registration, users outside the US wont be able to join.If we used C to code this project, we would have to hire some developers.Our UI would have been much more simple if we had used Ajax. Speak about quantities Examples: There a lot of bugs in this code.How much time will it take to ramp up this project?Our client has a few comments about our mockup. Distinguish between countable and uncountable nouns Examples: Information (uncountable)Silicon (uncountable)Chips (countable) Write / give instructions Examples: Click on file - open and choose your file.Insert your user ID and password.Create your user profile. Write business (letters) e-mails to clients Examples: Writing reports Explain past causes for current situations Examples: The software had been installed incorrectly, so we reinstalled in order to proceed.We were developing the code base when we were put on the new project.The legacy software had been in place for five years before the new solution was designed. Ask questions Examples: Which error message do you see?How often do you need to reboot?Which software were you using when the computer screen froze? Make suggestions Examples: What dont you install a new driver?Lets create a wireframe before we go any further.How about creating a custom table for that task? Information Technology Related Dialogues and Reading Social Networking Sites Information technology job description provided by the Bureau of Labor Statistics.
Thursday, November 21, 2019
Chinua Achebe's Things fall apart Research Paper
Chinua Achebe's Things fall apart - Research Paper Example Culture may mean a set of shared paradigms that reflect the values, attitudes and beliefs of a person, together with the tools and artifacts that make life possible for a unit of individuals. Future generations inherit the norms and beliefs, leading to further acquisition of culture. Culture usually consists of values and norms that guide the behavior of those who share in it, thereby, it is synonymous to tradition. Cultural differences are as a result of many factors, but most importantly, geographical locations. It is also common to find a minor culture within a major one, that is to say, cultures and sub cultures. For example, many people would be aware of the African culture that emphasizes unity and brotherliness. However, within the African culture, there are subcultures defined by the location of each country. Even further, there are subcultures within a country. In reference to the definition of a culture, it is clear that a culture is present everywhere; within a society, an organization, a family or among friends. However, this paper will emphasize on societal culture with emphasis on conflicts caused by culture and its aspects such as sexuality, culture change and language. The paper gives reference to Things fall apart, a book by Chinua Achebe. Chinua Achebe narrates the consequences and struggles that accompany cultural change, and how it affects the people of a rural village, Umuofia. Before the arrival of missionaries, the people in Umuofia village had a patterned culture, which defined their traditions. They worshiped gods, offered sacrifices and lived communally. Additionally, leadership and war determined a manââ¬â¢s worth to the society. Achebe uses Okonkwo as an example of what the village expects of a man (Achebe 35). Achebe develops conflict in the eyes of a clash between change and culture. The arrival of missionaries threatens the stability of this culture, bringing with it unexpected change. Whenever there is an anticipated change in culture and tradition, conflict usually arises. Conflict refers to a state of competition between groups or people with goals that are incompatible, struggle for power, or struggle for scarce resources. Conflict is an essential aspect of human relationships, and so people always devise appropriate ways to resolve conflicts whenever they occur. For the people of Umuofia, villager elders resolved conflicts between people or groups within the village. People conceive conflicts differently, and this determines the ways they devise to deal with conflicts. Some people conceive conflict as a result of a struggle for resources necessary for people to reach their goals. Others perceive it differently, with no connection to material acquisition. They see it as a result of divergent perceptions about issues, situations or beliefs. These conceptions reflect the complexity of social behavior and perceptions. Understanding conflicts requires insight that most conflicts include mixed motives that include cooperation and competition. One must also understand that the parties conflicting believe that their respective divergent goals are responsible for the conflicts. This is important because the people involved will ultimately act on their perceptions and beliefs. The conception that conflict is as a result of the struggle for scarce resources is referred to as ââ¬Å"realismââ¬
Tuesday, November 19, 2019
The curriculum resourcing of the teacher librarian Assignment
The curriculum resourcing of the teacher librarian - Assignment Example Once the best materials are selected, the students and the teacher will have an ample time to complete the required curriculum in the required time. The library is a celebrated institution in the life of a student. The library contains the resource that the student will need to get a better understanding of the studies he or she partakes. Hence, it should require well-informed curriculum materials. Introduction A library is a structured assortment of books, journals and even on line material an institution or community for gathering information uses that (Bishop, 2007). In the life of a student, the library offers a haven of information resource that can be used to ease the study work of the student. For students, this is usually critical because most of what they learn in school is mostly found in the library. Getting the necessary information; therefore, becomes vital to these young scholars. The resources found in the library are taken through thorough processes before they are qu alified to be included as resource materials in the library. This is because a lot of care has to be taken when these sources of information are being gathered (Church, 2007). The absolute best books and journals should be used for the accomplishment of the apprentices, and the school. The compelling thing is that libraries consisted of stone tablets that were gathered in a room for storage in the past. These shows those even in the past, libraries were significant. The processes of acquiring the libraries' resource materials have changed drastically since then (Clayton & Gorman, 2001). The process of acquisition of the resource material has become more complex with time. This is because a number of factors such as units of study or subject/topic requirement must be considered for a resource material to be selected. The student should benefit from the resources choosen, or that are available to him. Most of the learning institutions have adopted new ways to ensure this (Conger, 2004 ). The modern library can have on-line platforms and visual aid gadgets just to mention a few. This has created a bigger platform for the student to use. So what make a dependable and resourceful library? What are the acquisition and selection procedures for these resource materials? In order to answer the following question we need to understand the need to be satisfied for the curriculum point of view. Curriculum In a modern school or any other learning institution, there are sets of courses that the learner needs to cover. These courses are put in an organized manner that ease and smoothes the studentââ¬â¢s process of learning through out the learning period. These sets and the order they are organized in is called a curriculum (Craver, 2001). For the student to pass the studies he or she is taking, they must fulfill the curriculum to the satisfaction of their teacher or examiner. For a good curriculum, some few aspects should be carefully considered. These environments surrou nd the student throughout the teacherââ¬â¢s course (Evans & Saponaro, 2005). They affect the learning process of the student, hence if lightly taken; the student may have trouble in his studies. One of the main aspects to be considered is the unit of works the student will have to take. The units of work are courses that student require to pass the level of education or to
Sunday, November 17, 2019
The Uses of DNA Technology in Forensic Science Essay Example for Free
The Uses of DNA Technology in Forensic Science Essay Timothy Banas has a masters degree in biophysics and was a high school science teacher in Chicago for seven years. He has since been working as a trading systems analyst, standardized test item developer, and freelance writer. As a freelancer, he has written articles on everything from personal finances to computer technology. Forensic science involves the use of scientific procedures to gather evidence related to matters of the law. The cells of all organisms contain deoxyribonucleic acid (DNA), and the DNA of any one organism is unique. Forensic scientists have learned to collect and analyze DNA to help determine which organismshumans as well as other kindswere present at the scene of a crime or catastrophe. DNA can be used to accomplish a number of specific goals in forensic investigations. Identifying Individual Persons * Because each persons DNA sequence is unique, it can be matched to him like a fingerprint. According to the U.S. governments Oak Ridge National Laboratory, forensic scientists use DNA evidence to identify persons in criminal and paternity cases. DNA evidence does not always identify a suspect or a man as being the father of a child; sometimes the forensic evidence exonerates a suspect or determines that a man is not the father of a child. DNA evidence can also be used to identify victims of catastrophes, such as natural disasters or terrorist attacks. Identifying Species of Animals * There are laws governing the conservation and hunting of endangered species. If someone is suspected of illegally capturing and transporting an endangered species, forensic scientists can use DNA analysis to confirm or rule out whether the animal specimen in question in fact belongs to the protected species. A few hair or skin cells from the animal will suffice to yield accurate test results, so a suspected animal transporter or hunter does not need to be caught with the actual animal. Other Applications * DNA evidence can be used to identify a type of bacteria or parasiteà that may have caused the death of a person. This information can be useful in cases of medical or parental negligence. The origins of expensive consumables like liquors and caviars can be verified using DNA analysis. Lastly, DNA samples can help medical professionals find good donor organ matches for people who require organ transplantations to survive. - Bioremediation The use of living organisms for the recovery/ cleaning up of a contaminated medium (soil, sediment, air, water). The process of bioremediation might involve introduction of new organisms to a site, or adjustment of environmental conditions to enhance degradation rates of indigenous fauna. Bioremediation can be applied to recover brownfields for development and for preparing contaminated industrial effluents prior to discharge into waterways. Bioremediation technologies are also applied to contaminated wastewater, ground or surface waters, soils, sediments and air where there has been either accidental or intentional release of pollutants or chemicals that pose a risk to human, animal or ecosystem health. Different approaches to bioremediation take advantage of the metabolic processes of different organisms for degradation, or sequestering and concentration, of different contaminants. For example, soil bioremediation might be performed under either aerobic or anaerobic conditions, and involve optimization of the metabolic pathways of bacteria or fungi for degradation of hydrocarbons, aromatic compounds or chlorinated pesticides. Phytoremediation is bioremediation using plants and is often proposed for bioaccumulation of metals, although there are many other different types of phytoremediation. Bioremediation using genetically engineered microorganisms (GEMs, or GMOs), carrying recombinant proteins, is still relatively uncommon due to regulatory constraints related to their release and control. Other methods of enzyme optimization that do not include gene cloning technqiues, might beà applied to indigenous microorganisms in order to enhance their pre-existing traits. Examples: Nutrients were added to the soil to enhance bacterial degradation of contaminants and increase the rate of bioremediation on the brownfield site.
Thursday, November 14, 2019
Delegation Essay -- essays research papers
What is delegation? Delegation is defined as follows: ââ¬Å"Getting work done through others or as directing the performance of one or more people to accomplish organization goals (Managing & Leading: Concepts, 1997, p. 146). Delegation is a part of management. It allows managers to assign responsibility to coworkers to achieve organization goals through the work of others. In conclusion delegation is the process of achieving performance of certain outcomes for which you are accountable with other individuals who have the appropriate authority to accomplish the work (Sullivan & Decker, 1992, p. 216). Delegation is a complex process that can be quite effective in accomplishing work. It is one of the most effective professional management strategies used which is an art and a skill. Delegation allow managers to transfer work to subordinates, getting work done through others or as directing the performance of one or more people to accomplish organization goals, and turning one authority and responsibility for doing a job to a subordinate; explaining the ââ¬Ëwhatââ¬â¢ and ââ¬Ëwhyââ¬â¢ of a selected problem or job, while leaving the how to the subordinate (Managing & Leading: Concepts, 1997, p.146). Managers in my organization delegate as part of their management responsibilities to assign the right position or job to the best qualified person that they think can do the job and do the job right. Managers in my organization use delegation because it allows them to achieve more productivity for the company. Managers in my organization delegate to make sure everybody understand what is wanted and expected of all team members on delegated tasks. Managers in my organization delegate someone who really wants to do the task. If he/she may not know exactly how or what to do but if she wants to do it she will seek out the appropriate resources or find help to complete the task (Valerie Gatlin-Best, 1997, pg. 313). Managers in my organization delegate a task- the person being delegated to does not feel demeaned; be consistent-delegate certain tasks to certain people; stimulate personnel by encouraging others; be open, honest when looking at the picture as a whole ...look for positives/not negatives(Debby Kennedy, 1997, p.312). Managers in my organization are accountable for what ever goes on (or does not go on) in their departments. If subordinates make mistakes because they... ...loyeesââ¬â¢ knowledge and experience to get the results they want. Delegation is effective when an organization functions well and every individual believe their part is vital to the well-being of the organization as a whole. To be effective managers should never ask an individual to do something that you are not willing to do yourself. Managers should know the people whom they are delegating tasks to in order to match the task with an individualââ¬â¢s skill and talent. Managers should always practice to simply thank individuals after completing specific delegated tasks and treat people with respect at all times. In conclusion delegation is a vital tool in the work force. It allows more accomplishments through sharing responsibilities and work load. If give managers the opportunity to receive input from other when tasks are delegated. Effective managers in cooperates opportunities to increase othersââ¬â¢s skills and knowledge by simply learning from each other, provide opportunities to increase communication skills, instill encouragement, and to motivate. à à à à à à à à à à à à à à à à à à à Ã
Tuesday, November 12, 2019
Reality TV and the Effects on Youth
Reality television has come to dominate the television industry. There are educational reality shows and noneducational reality shows. They both have their entertainment values. The difference? One is productive television, and one is counterproductive. There is good and bad in everything, and everything is good in moderation, but counterproductive TV is taking over productive TV. The time slots to watch educational reality shows are generally later in the evening. It is almost as if TV is trying to ââ¬Å"dumb downâ⬠America. Non-educational Reality Television ââ¬Å"Noneducationalâ⬠reality TV includes shows like Keeping Up With The Kardashians, Teen Pregnancy, and My Sweet Sixteen. These prime time shows target youth, but they do not teach lessons. In fact, they do the opposite, since many young people think it okay to emulate these reality show stars. All these shows are scripted. For instance, Jersey Shore is actually filmed on a set 80% of the time. Yet these shows are passed off as reality. These shows promote drinking and heavy sexual content. Nonetheless they air in the time slot that targets youth. Kids seem to be growing up faster than just 20 years ago; perhaps disrespect and aggression can be blamed on the influence of the shows they are watching. Instead of fighting and being rude to each other, it would be nice if the characters in these shows could, for example, reflect how ten ordinary people come into a house and work together to make the quality of life better for everyone. They could show the reality of working together to pay the bills and keep food on the table. They could teach how to step in when something bad happens to someone else and help them get back on their feet in one way or another. Instead they have gone in the direction of survival of the fittest. Is this really the image that should be shown and taught to our future leaders? If where America has been heading in the past 20 years, it is apparent that survival of the fittest is not working. Perhaps if prime time television were to promote working together, it might help ensure a productive future. Educational Reality Television Reality TV does have positive things to offer. Some educational reality shows are Dirty Jobs, Cake Boss, and Do You know Who You Are. These types of shows depict the reality of America. They show what truly makes America run, and teach true morals and genuine respect towards others. True, these shows are scripted as well, but they are geared toward education and not violence, or the promotion of teen pregnancy, and spousal abuse. These shows do not promote alcohol abuse or speculate who is having sex with whom. However, these shows are targeted toward adults, as they are on at a later time slot, and much of our youth is not interested in watching real life. Prime Time Television Prime time television is aiming for ratings rather than the promotion of morals. But I think they could produce productive TV and get better ratings. Viewers must take some responsibility, though, since we can control what our kids watch. If most people ban shows that deliver negative messages from our homes, ratings will plummet and I would imagine TV executives would completely restructure their programming very quickly.
Sunday, November 10, 2019
Course Notes
Can organic farmers produce enough food to feed the world? Discuss this question commenting on the place of organic farming in sustainable food systems In order for organic farming to produce enough food for the world In a sustainable system, Limiting factors to production In the organic system need to be overcome. Through yields outputs to primarily disease control and fertilizers, this method of farming could solve global hunger and world starvation, giving us aOn the other hand, conventional agricultural production systems are not necessarily sustainable-perhaps we need a compromise. Continual cropping and grazing, together with over use of herbicides, Insecticides and fertilizers are Inarguably damaging to the environment and the web of life. There has often been a proposal that Northern Australia could become the food bowl of Australia. The argument against this Is often that disease and pest control In the Northern climates is a major Limiting factor to production.Extrapolating this to a world situation, I don't believe organic farming on a world scale could achieve the production levels required to feed the escalating population. Without conventional inputs, which are not always organically friendly, I cannot see adequate production to feed the world. Perhaps in to the future this can be achieved. As dad just pointed out-in the North of Australia, and this would be in other matching arid countries of the world, animal production, is relatively easily to be organically certified because they don't need to use drench, fertilizers etc-only some feed supplements which could be organic.The problem areas are the more tropical areas where disease and pest control are more difficult in an organic plant production system. -produce food of optimum quality and quantity using sustainable farming practices -produced in over 130 countries -represent fastest growing food sector worldwide -market analyst forecast annual growth rates between 10-30% around the world -basi s is -healthy, biologically active soil -enhance and maintain Course Notes The focus of Case 4 is how poor communication can effect an organization. Communication is essential to the survival of any organization. A lack of effective communication will result in little to no coordination and cooperation, resulting in decreased performance. In assessing Strayhornââ¬â¢s communication effectiveness, one can see the negative impacts EI experienced because of his approach. Two of the biggest factors dampened by his style were morale and productivity. In addition, failure to address rumors circulating in the grapevine increased anxiety, stress, and crises among employees.With EIââ¬â¢s contract with Ocean Point coming to an end, the big question for EI employees was whether or not the contract would be renewed. Mr. Strayhorn failed to directly address the situation. It seems as though Strayhorn was more concerned with saving-face than the needs of his employees. One can then reason employees developed mistrust in management because of their lack of informatio n. This in turn caused many employees to develop personal barriers in the form of psychological distance. The lack of proper open and downward communication led employees to utilize the grapevine.From the case, one can easily see the grapevine was a product of the situation EI faced. One can also reason the desire for information and insecurity were additional factors that encouraged employees to become part of the grapevine. Unfortunately in this case rumors began to circulate through the grapevine. Since each employee possessed interest and ambiguity with the situation, it is easy to see why rumors formed. Consequently the accepted rumor was Ocean Point would not renew EIââ¬â¢s contract and EI employees would not be eligible for hire with Ocean Point.Although this was not factual, the rumor caused dramatic increases in stress, anxiety, and crises among EI employees. In addition, Strayhorn failed to recognize how the rumors would affect organizational culture. The uncertainty in the situation caused the organizational culture to become unstable. Since the causes of the rumors were not removed, Strayhorn should have addressed employees with a face-to-face to attempt to control the rumors. However, Strayhornââ¬â¢s lack of action suggests he had little concern with restoring social equilibrium.By failing to effectively communicate, provide insufficient information, control rumors, and restore social equilibrium, Strayhorn caused employee morale and productivity to dramatically decrease. Evidence of these dysfunctional effects can be seen through the fact that potential sales were reaching their peak while actual sales were declining. If Strayhorn would have openly communicated EIââ¬â¢s problems and disclosed managementââ¬â¢s efforts to get the contract renewed, he would have also conveyed his concern for employee needs.The employees would have most likely responded positively because the elements of trust would still be present. However, as this was not the case Strayhorn should have realized EIââ¬â¢s environment had changed and adapted his results-oriented approach accordingly. In this situation the system model would have been appropriate for a few reasons. First the basis of the system model is trust and community. Although failing to communicate developed mistrust, by showing sincere care and compassion for each employee Strayhorn could have reestablished trust.Secondly, this model could have allowed positive organizational behavior to grow, which would in turn have boosted morale. In conjunction with the system model, Strayhorn could have strived to achieve a fun work environment to aide in combating the stress stemming from uncertainty. By combining these methods and theories, EI could have increased actual sales and its chances of contract renewal. However, because of their lack of profitability Ocean Point may now be unwilling to do so.
Thursday, November 7, 2019
Aristophanes the Ancient Greek Comedy Writer
Aristophanes the Ancient Greek Comedy Writer Aristophanes is important today because his work is still relevant. People still laugh at modern performances of his comedies. In particular, his famous womens sex strike for peace comedy, Lysistrata, continues to resonate. Pronunciation:à /à ¦.rà ª.sta.fÃâ¢.niz/ Examples:à In Aristophanesà Frogs, Dionysus, like Hercules before him, goes to the Underworld to bring back Euripides. The Old Comedy Old Comedy had been performed for 60 years prior to Aristophanes. In his time, as his work shows, Old Comedy was changing. It was bawdy and topically political, taking license with living people in the public eye. Ordinary humans played the most heroic characters. Gods and heroes could play buffoons. His style of Old Comedy is described as over-the-top, more like Animal House than How I Met Your Mother. The latter has a lineage that could be traced to an important comedy genre that came after Aristophanes. This was New Comedy, the stock character-filled comedy of manners, written by the Greek Menander and his Roman imitators. To be more completely accurate, New Comedy followed Middle Comedy, a little-known genre to which Aristophanes contributed at the end of his career. Aristophanes wrote comedies from 427-386 B.C., which gives us approximate dates for his life: (c. 448-385 B.C.). Unfortunately, we know very little about him, although he lived in Athens during periods of turmoil, beginning his writing career after the death of Pericles, during the Peloponnesian War. In A Handbook of Greek Literature, H.J. Rose says his father was named Philippos. Rose calls Aristophanes a member of the Athenian conservative party. Aristophanes Makes Fun of Socrates Aristophanes knew Socrates and poked fun at him in The Clouds, as an example of a sophist. From the other side, Aristophanes appears in Platos Symposium, comically hiccuping before he comes up with an inspired explanation for why there are are people with different sexual orientations. Of more than 40 plays written by Aristophanes, 11 survive. He won prizes at least six times but not all firsts four at the Lenaea (held roughly, in January), where comedy was added to the events in about 440 B.C., and two at the City Dionysia (roughly, in March), where only tragedy had been performed until about 486 B.C. While Aristophanes produced most of his own plays, he did not initially do so. Not until the Acharnians, a pro-peace play and one of those featuring the character of the great tragedian Euripides, won a prize at the Lenaea, in 425, did he start producing. His previous two plays, the Banqueteers, and the Babylonians do not survive. The Knights (Lenaea of 424), an attack on the political figure Cleon, and Frogs (Lenaia of 405), which also features the character of Euripides in a contest with Aeschylus, also won first prize. The generally irreverent, creative Aristophanes made fun of the gods and of real people. His portrayal of Socrates in The Clouds has been criticized for contributing to the atmosphere that condemned Socrates since he portrays Socrates as a ridiculous sophist teaching the morally worthless topics of philosophy for money. Old Comedy Structure A typical structure for Aristophanes Old Comedy would be prologue, parados, agon, parabasis, episodes, and Exodus, with a chorus of 24. Actors wore masks and had padding front and back. Costumes might include giant phalluses. He used equipment like the mechane or crane and the ekkyklema or platform. He made up long, complicated, compound words where appropriate, like cloudcuckooland. Surviving Comedies by Aristophanes The AcharniansThe BirdsThe CloudsThe EcclesiazusaeThe FrogsThe KnightsLysistrataPeacePlutusThe ThesmophoriazusaeThe Wasps
Tuesday, November 5, 2019
Earn College Credit by Taking Free Online Classes
Earn College Credit by Taking Free Online Classes It is possible to earn legitimate college credit by taking a free online class. The process isnââ¬â¢t always easy. But, if youââ¬â¢re willing to jump through a few hoops, you could complete a degree requirement by studying free online class materials. Heres how: Choose a College That Permits Credit for Experience In order for this to work, you need to be enrolled in a college that gives credit for some form of life experience. Ask your current college if they allow portfolio credit, independent study, or credit by exam. Alternatively, you could enroll in one of the big three flexible credit colleges. You may earn a regionally accredited degree from one of these programs, or you may transfer the credits you earn to a traditional college. Note that most colleges will still charge you a tuition fee for credit earned non-traditionally. Select a Free Online Class With a Counselor Talk to an academic adviser at your college to get help choosing a free online class. The counselor will help you select a class that fulfills your credit needs and help you understand what will be required to earn formal credit. Follow Program Guidelines to Create a Portfolio or Complete Exams Earning credit by taking a free online class will require you to submit portfolio work to your college, study alongside an instructor, or take a standardized exam to prove your learning. As you complete the free online class, stay on top of the requirements set by your college. Transfer the Credits to Your Regular College Once the free online class and additional college requirements are complete, you should be awarded a grade. If you are temporarily enrolled in one of the big three life experience colleges, you will need to transfer the earned credits to your traditional college.
Sunday, November 3, 2019
Family Business Essay Example | Topics and Well Written Essays - 2000 words
Family Business - Essay Example The paper tells that the family business is an enterprise governed and managed for the purpose of pursuing and developing the vision of the business ââ¬Å"held by a dominant coalition controlled by members of the same family or a small number of familiesâ⬠for its potential sustainability across generations of the family, sometimes in business association with some of its extended families. Most definitions of family business centre around the kinship of family members owning and managing a venture, state Rogoff and Heck. According to Habbershon, Williams and MacMillan, it is the intersection between family members, the family, and the business that epitomises the distinctive set of characteristics that explain performance differences between family and nonfamily businesses. The intersection may also be a source of conflict within the family and the business. In the domain of family business leadership transition, Hartel, Bozer and Levin consider an adaptation of executive coac hing to be helpful in the process. Family systems are important in family enterprises. Further, family businesses form the foundation stones of evolving economies state Gomez-Mejia, Takacs, Nunez-Nickel et al as well as Hunter and Wilson. Two-thirds of organisations are family-owned and managed. The fact that this segment of the economy is facing an impending crisis is disquieting, particularly in view of the fact that there is little governmental assistance for family business owners to resolve the emerging threat successfully. Thesis Statement: The purpose of this paper is to investigate the theory of family business, examine the crucial role of the family system in family business, and determine whether the adaptation of executive coaching can successfully support leadership transition in family enterprises. The Theory of Family Business The lenses through which academic research and literature on family businesses are viewed and interpreted is the theory explaining different asp ects of family business management. Research helps to reinforce theory. For example, Sharma, Chrisman and Chua (2003) use the theory of planned behaviour to help explain the extent to which family businesses engage in succession planning. At the same time, a broad theory of family business is more important because it will help in setting the parameters for research in the domain of family businesses. A broad theory will also function as a tool for retaining, expanding, and propagating knowledge on the field. The theory of the family firm explains the concept of the family business, the reason for the existence of the same, and the determinants of their scale and scope. It is a comparatively new area of study in relation to rigorous theoretical investigations. However, there are identifiable trends in defining family business, and in differentiating between family firms and non-family firms, thereby addressing the existence of family firms, the factors that support their survival, g rowth, and the creation of long-lasting economic and non-economic value. Habbershon (2006) as well as Chrisman, Chua and Litz (2003) reiterate that the family business exists because of the reciprocal economic and non-economic value created through the integration of family and business systems. The joining of the two systems leads to capabilities of ââ¬Å"familinessâ⬠that cannot be duplicated, and which contribute to the survival and growth of family businesses. A resource-based view of the family business explains how it identifies and develops capabilities of familiness, how they transfer those capabilities to new leaders and new family business structures, and their methods of renewing their capabilities during the transformation in circumstances and conditions. On the other hand,
Friday, November 1, 2019
The business enivornment Essay Example | Topics and Well Written Essays - 500 words
The business enivornment - Essay Example The organization engages and employs the resources using strategic approaches to reap some profit. Consequently, this effort build the economy since profit made is spent within the economy. A profit-based organization generates income, utilizes resources, creates employments and develops technology on course of its endeavors (Kew & Stredwick, 2005). Promotion these factors develops the overall economy. On contrast, non-profits ventures have an indirect contribution. These organizations mainly focus in promoting specific aspect in the society. Although these organizations may lobby for a certain idea in the society without an objective gains, their activities may influence benefits to the economy (Campbell & Craig, 2005).These organizations sponsor projects like one targeting poverty eradication, health, equality and security. These models enhances societal wellbeing hence boosting community status develops economy. Mainly, fiscal and monitory forces define the state of economy. Presently, the central bank and governments are presenting tighter forces. This has an impact of improving the future performance of the economy. The practice affects trade in the country hence affecting economy. The procedure will help Countries in minimizing on counteract inflationary forces (Campbell & Craig, 2005). However, espousal of relaxed policies would endorse growth within short periods. Coca Cola is a triumphant firm with a worldwide market. The impact of the Companyââ¬â¢s social responsibilities on its customers is apparent. Being a premier supplier of fast drinks, the Company observes the policy of delivering quality and standard products. The Company has maintained professionalism for decades. This ensures customersââ¬â¢ health security since consumers have assurance of accessing safe products (Sims, 2004). The Company avails packaging precautions that enable the customersââ¬â¢ access products while in appropriate form. The practice has substantially enhanced global health.
Wednesday, October 30, 2019
Justice and the Island of Tagg PowerPoint Presentation
Justice and the Island of Tagg - PowerPoint Presentation Example Unjust laws deny citizens the right to utilize public resources for their own benefit. The council of elders should scrap laws that discriminate on gender in the island of Tagg. Laws that compel the state to make decisions on behalf of the citizens of the island of Tagg should be rejected because they are unjust. Authorities ought to repeal laws that prohibit freedom of expression among citizens of the island of Tagg. Repealing the laws benefits the public by giving them the right to access information. Laws that allow authorities to refute the public the privilege to access vital information are unjust because they create tension and anxiety among members of the public. According to Sandel (2007), a law is unjust based on an individualsââ¬â¢ rational thinking. à Comparison between just and unjust laws à à à à à à à à à à à According to Walzer, (2006), Laws are constructed social limitations to human behavior. They are devised to ensure order in the society.à Each individual in the island is held responsible for maintaining the laws of the land. Laws can be just or unjust.à In the case of Tugg Island, a just law is the one seen to represent an individuals and the society equitably. It elevates the human personality no matter the race, status or gender.à It is rooted in the moral and religious laws of the people. An unjust law is one that is in disharmony with the moral laws (Sandel, 2007). For a law to be just one must have an understanding of the wrong they did and the punishment or reward should commensurate to the offence. Therefore, any law that lowers the human nature is unjust. Unjust laws relegate people to the status of animals or things. It classifies people
Sunday, October 27, 2019
The Malaysian Tobacco Industry
The Malaysian Tobacco Industry CHAPTER 1 The Malaysian tobacco industry is a copious industry which comprehends leaf production and curing, product manufacturing to product marketing and distribution. Tobacco is the countrys most widely cultivated non-food crop (British American Tobacco Malaysia). Malaysia is not considered as a large tobacco leaf producer by world standards. Neither is a major contributor to the Malaysian economy. However, tobacco farmers are used politically by the tobacco industry. According to a study conducted by Ernst and Young in June 2005 for the Confederation of Malaysian Tobacco Manufacturers, the industry contributes extensively to the countrys economy with more than 190,000 people depending on it for employment in 2003. Tobacco production has increased due to a rise in the demand for tobacco from cigarette manufacturers. (See Table 1.0) 1.1 Impact of Tobacco Use Cigarette demand has long been a crucial issue and has become especially prominent in the wake of the recent colossal settlements between government and cigarette companies ( Huang and Chin, 2006). According to the press statement by the Minister of Health, the Hon Dato Chua Jui Meng on Tobacco Control in Malaysia on 7th November 1996, cigarette smoking is an avoidable addiction which hold responsible for a massive 25% of all deaths in Malaysia. Smoking is a deadly and expensive pastime which is dangerous to both smokers and the second hand smokers (Costa and Mossialos,2006). Studies showed that 30% of cancer deaths and 90% of chronic obstructive pulmonary disease in Malaysia were associated to smoking (The Star). According to World Health Organization (WHO), tobacco is going to be the biggest cause of death in the world if current pattern of smoking continue, with no changes in cessation rates or significant declines in initiation rates by 2020. There are more than one billion smoke rs in the world and 5.4 million people were killed by tobacco use a year. Moreover, smoking is not only destroying the health of the smoker but it is also an economic burden. These include primarily direct or indirect medical costs to the smokers and also productivity losses. Indoor places where smoking is allowed will incur a higher renovation and cleaning costs. The management will have to pay a lot to maintain the cleanliness in the workplaces. Furthermore, it increased the risk of fire and may acquire higher insurance premiums. Since the first report on tobacco by Surgeon General was released in 1964, awareness relative to the negative effects of tobacco use has increased. Smoking cigarettes during pregnancy can cause impromptu miscarriage, underweight babies and premature delivery. Most importantly, it will also cause sudden infant death (SID) syndrome. At the same time, it is also very dangerous for the people who do not smoke but breathing in a smoke-filled room. Second-hand smoke is a major source of indoor air pollution which can damage the health of both the children and adults. There are almost half of the worlds children breathe second-hand smoke today. In recent times, the smokers are increasing from day to day (See Table1.1). Despite of all the negative effects, smokers dont seem to be affected by the side effects. Teenage smoking is a severe problem in Malaysia and according to the World Tobacco Marketfile, the number of youth smokers are increasing (See Table 1.2). The risk of youth commencing tobacco use by socio-demographic, environmental and personal factors is increasing. Family with low socioeconomic status is an example of socio-demographic factor. There are more young people who smoke nowadays because tobacco products are easily accessible and available everywhere. Young people who are lack of parental guidance will be easily influenced by peers. These are the examples of environmental risks factor. While personal risk factors include low self-esteem and the belief that tobacco use provides an advantage which can help them to reduce stress. People who get older should understand the danger of smoking better than the youth . They should be able to experience the side effects if they have been smoking for quite some time. Some people may not be aware of the specific health risks of tobacco use as they are not exposed to the side effects. If the smokers are aware of the dangers of tobacco, most want to quit. 1.2 Governments Regulation towards Cigarette Demand The Malaysian government has done various efforts and implemented regulations restricting people to smoke. Government policy is divided into price and tax measures; and also non-price measures such as Protection from exposure to tobacco smoke; Regulation of contents of tobacco product; Regulation of tobacco product disclosures; Packaging and labelling of tobacco products; Education, communication, training and public awareness; Tobacco advertising, promotion and sponsorship; and Tobacco cessation (Zain, 2007). National Tobacco Control Program is one of the strategies taken to reduce tobacco use. The general objective of this program is to provide comprehensive support and assistance to help smokers quit smoking. The programs include legislative control; health promotion and public advocacy; tobacco tax policy; smoking cessation services; research, monitoring and evaluation; multi-sectoral collaboration and capacity building. In legislative control, under the section on the Prohibition on Tobacco Product Advertisement of Control of Tobacco Product Regulations 2004 restricts printing, publishing or distributing of any tobacco product advertisement. It bans on cigarette advertisement on television and radio. Health warning messages are placed on every cigarette pack to raise peoples awareness. Furthermore, government has legislated smoke-free policy in Malaysia to curb smoking. There is total ban on smoking in government meetings. Places like health and educational facilities, governmental offices, public transport, shopping complex, cinemas and places of worship are smoke-free zone. Besides that, health promotion and advocacy covers campaigns such as Tak Nak Campaign; Healthy Lifestyle Campaign; Kempen Nafas Baru Bermula Ramadhan; World No Tobacco Day and also events by other agencies. On top of that, government also introduce excise duties on imported cigarette and further increase in sales and import tax . Increase tax will reduce the consumption on cigarettes without negative impact on revenue. At the same time, National Smoking Cessation Program was introduced to provide comprehensive support and assistance to help smokers to quit smoking. Under this program, it helps to inform and educate the smokers regarding the advantages of quitting smoking. Government has created a lot of awareness program to help people to quit smoking and the most effective strategy to reduce smoking is raising the price of the cigarettes. So as all these efforts and accumulation of knowledge are done, the demand for cigarettes and smoking should be reducing. 1.3 Problem Statement Tobacco use in Malaysia has escalated over the past years in spite of the numerous health warnings. Despite the various implementations of mass anti-smoking campaigns by the government, smoking is still a popular activity among the people. In the past there is a lot of domino effect of smoking leading to health problems yet it can seem surprising that some people still choose to smoke. Tobacco users still continue with it in pursuance of the risks or the expense because smoking is a habit hard to break for the reason that it contains an addictive drug called nicotine. In addition to that, the effect will be amplified this time around as the price of cigarettes increase simultaneously. Subsequently, the price affects the middle and lower income group of wage earner adversely because smoking is an expensive activity. The rising of cigarettes price will cause them to be overburdened by the rising living cost. People start smoking for a variety of different reasons. Although most of the people is aware that smoking is dangerous and harmful to the people around them but there are still 40-50 new smokers created everyday and the smoking popularity among the youth are increasing. There is about 9 out of 10 smokers start before the age of 18 years old (See Table 1.2). Most of the youth started to smoke as an act of rebellion and also because of peers pressure. The teenagers may not be conscious about the effects but it will become apparent later on in their life. Furthermore, survey has shown that the trend of young female smokers is increasing at such an alarming rate. According to the statistics by Healthy Living, it shows that there are 22% of smoker ages around 18 to 24 years old, 22.8% of smoker ages around 25 to 44 years old, 21% of smoker ages around 45 to 64 years old and 8% of smoker ages above 65 years old. 1.4 Research Question The questions arise in this study is: Will the people above the age of 65 years old decrease the consumption of cigarettes? Will the implementation of the government policy towards the cigarettes reduce the number of smokers in Malaysia 1.5 Objectives of the Study The general objective of this study is to determine the demand for cigarettes. More specific, this study tends to Determine the price and income elasticity towards the demand for cigarettes. Determine the impact of demand for cigarettes on aging population. 1.6 Significance of the Study This research on the aging population is important in the attempt to reduce the overall demand for cigarettes in Malaysia. This study will test the level of awareness of population of Malaysia on the impact of smoking between different age groups. Most of the diseases caused by tobacco use will only be noticeable when the users reach the later stage in life. This study will justify why policy makers should take into consideration people of all age groups when coming up with new policies regarding tobacco use, instead of focusing only on the younger population. CHAPTER 2 LITERATURE REVIEW This chapter is to review the existing literature on the demand for cigarette. There is a large volume of published studies describing the price and income elasticity on cigarette consumption. Furthermore, there is also a large and growing body of literature has investigated the effects of taxes and anti-smoking regulations on the demand for cigarettes. So far, there are only a few studies regarding the relationship between aging population and the consumption of cigarette. 2.1 Theoretical Studies of Demand for Cigarettes The law of demand is an important law in microeconomic theory. In theoretical economics, economists develop models to explore economic activity and outcomes. Reliable statements about economic behavior enable the prediction of probable effects of specific actions. The law of demand is an economic law that states that, all other factors being equal, as the price of good increases, demand for the good will decrease. This law summarizes the effect price changes have on consumer behavior. The negative relationship between price and quantity demanded is caused by two reasons. One of the reasons is the income and substitution effects. Income effect means that for a lower price product, a consumer can buy more than they could at the higher price point. Other similar products now seem more expensive compared to the lower priced product is the substitution effect. The second reason is the diminishing marginal utility for the inverse relationship between price and quantity demanded. Consumers get less satisfaction from each additional unit of product they consume over a specified period of time. They will only continue to buy if the price is reduced at each point. By increasing the real price of tobacco, a tax increase has colossal potential to be an effective policy lever to decrease tobacco consumption. The impact of taxes on tobacco consumption depends on the extent to which changes in taxes are reflected in tobacco prices and the responsiveness of consumers to changes in prices. People tend to reduce their consumption on tobacco use as the price increase. The demand functions show that cigarette consumption is related to the price of cigarettes, prices of related goods, income, and individuals tastes. A general conclusion from the precious studies is that tobacco prices and the demand are inversely related. Marshall illustrated the law of demand with both a table and a demand curve by assuming that the period of time is sufficiently short to justify a ceteris paribus assumption. 2.2 Empirical Studies of Demand for Cigarettes Several studies conducted have reported that there is an inverse relationship between the price and cigarette consumption and positive effect of income. Franke (1994) reveals that Granger Causality is significant from price and income to cigarette consumption in the United States. No significant change is observed in the estimated demand elasticity which occurred during the period studied. In order to test a model of the demand for cigarettes in the United States from the period of 1961 to 1990, he uses quarterly data and multiple analyses. The outcome of the study illustrates a positive effect of income and negative effects on price. Likewise, Zheng, Zhu and Li (2008), in a separate study also finds that there is indeed a positive income elasticity but negative cigarette price elasticity based on the best fixed-effects spatial-temporal model. They construct a demand equation to study on the elasticity of per pack cigarette price and per capita disposable income in 2008. This is done by considering the cigarette demand in a spatial panel of 46 states of the United States over a period of 30 years which ranged from 1963 to 1992. They then propose a new spatial panel model and implement a fully Bayesian approach for model parameter inference and prediction of cigarette demand at future time points using the Markov chain Monte Carlo (MCMC) algorithms. Chaloupka et al. (2002) examines data from documents of the tobacco industry to discover what tobacco companies know of the impact that cigarette prices has on smoking among youth, young adults and also adults. They assess on how this understanding would affect their pricing and price related marketing plans. The tobacco company documents provides velar evidence on the consequence of change in cigarette prices on cigarette smoking habits, relating how tax and other increases in price led to significant decline in smoking, predominantly among the younger people. They conclude that future efforts towards tobacco control which targets to increase prices and limit price related marketing efforts are critical in achieving reductions in tobacco use and public health toll caused by tobacco. This view is supported by Fernà ¡ndez et al. (2004) which shows that between the period of 1965 and 2000, there is indeed an inverse relation between the prices and consumption of cigarette in Spain, wh ich indicates that involvement at the economic level, for instance real increases in price may have an important public health impact in control of tobacco. Correspondingly, Gallus et al. (2006) present a similar study to determine the influence that cigarette prices has on tobacco consumption in Italy. A survey is conducted on 3050 individuals aged 15 and above which suggests that prices had an intermediate to high influence on cigarette consumption in the young. Younger people as well as less educated smokers are more susceptible to an influence of prices. They conclude that cigarette prices have substantial influence on tobacco consumption in the younger people. On the contrary, Raptou et al (2005) argues that cigarette demand is extremely insensitive to changes in price. They employ data collected via questionnaires which was administered by personal-in-home interviews and estimate a two part model of cigarette demand (Cragg, J. G. B Some Statistical Models for Limited Dependent Variables with Application to the Demand for Durable Goods, Econometrica, 39, 5, 1971, pp. 829Y44). They conclude that cigarette price measures would not affect cigarette demand. However, it is discovered that smoking restrictions in workplace areas as well as educational establishments, and also most of the psychosocial variables will affect the demand of cigarette. According to Huang and Yang (2006), current estimates of the income elasticity to cigarette demand have shown a troubling result which is nearly zero or sometimes negative income elasticity. They engage in a four-regime panel model (dynamic fixed effect) which is use to predict the function of cigarette demand within the United States with intentions to investigate the nonlinearity embedded in the cigarette demand structure. They apply a multi-regime model to 47 states using data from 1963 to 1997. They claim that there is a nonlinear relationship between personal income and cigarette consumption. Evidently, as income rises, cigarette has become an inferior good. The results from the four-regime model suggest that income elasticity is negative when per capita income is greater than US$ 8,568 but become is positive though insignificant when income is above US$ 18,196. In the income ranging from US$ 8,568 and US$ 18,196, the income elasticity is significantly negative. There is a nonli near relationship which prevailed for the price elasticity. Furthermore, Martinez, Mejia, and Estable (2008) claims that the demand for cigarettes in Argentina over the long term is influenced by the changes in real average price and real income of the cigarettes in Argentina. They analyse the data based on monthly time-series data between the periods of 1994 to 2004. The results that they obtain show that when the prices are increased at 120%, a maximum of revenues from the cigarettes tax can be attained and also there is a big effect on the reduction of the total consumption of cigarettes within the country. Similarly, Abedian (2000) also states that there is an inverse relationship between the price and consumption of any good which include cigarettes. This negative relationship is further affected by other factors such as income levels and the degree of addiction. He argues that increasing tobacco consumption is a problem faced in a developing country and it could bring harm to the people. He also argues that there are no adverse economic consequences following such policy framework. In 2000, Joni Hersch in his studies states that smoking behavior relates to the changes in price, which is not unlike many other economic commodities. He finds that a higher price would reduce demand for cigarettes in both men and women with regard to smoking participation and cigarette consumption levels, with elasticity ranging from -0.40 to -0.60. In distinction to other studies, he finds that the price elasticity is alike for both men and women. Income also has negative effects on smoking behavior. He also states that excise tax policies can dissuade smoking, but their effects will be largely restricted to the low income segment of the population. This finding suggests that there might be constructive responses by smokers to informational efforts which warn about the dangers of smoking and also the environmental tobacco smoke poses to others, especially when it is a member of ones household. Further observations suggest that increase in taxes also play an essential role in reducing cigarette consumption. Following recent years, there has been a growing amount of literature on higher prices that result from increased tax leading to significant reductions in cigarette smoking. A recent study by Chaloupka et al (2010) which performs to supply empirical evidence on the consequence of the cigarette excise tax structure towards three outcomes which are the government revenue, cigarette prices, and cigarette consumption. A cross-sectional time-series data for 21 European Union (EU) countries is composed from year 1998 to 2007 out of various data resources. The estimates suggest that the greater reliance on the ad valorem excise tax leads to lower average cigarette prices and larger price gaps between premium and low-priced cigarette brands. In addition, these impacts from the tax structure are smaller in more concentrated or less competitive markets. They also propose that a la rger reliance on a specific tax will have a greater impact on cigarette smoking, but the impact lessens with the growth of manufacturers market power. In view of this, Peng and Ross (2009) estimates the Ukraine population in its sensitivity to prices of cigarettes and the cigarettes affordability using the macro level data with the aim to compute the efficiency of cigarette tax policy. They use a monthly time-series data from 1997 to 2006 in Ukraine to estimate the generalized least square (GLS) model with an AR(1) process. The result shows that the cigarette price is not significantly associated with legal domestic sale of cigarette. Higher household income and more active outdoor advertising have positive and significant impact on cigarette sales. There is also a positive relationship between the affordability for cigarette and legal domestic cigarette sales. Increasing the cigarette excise tax by 10% would increase the price of cigarettes by 3%. This shows that cigarette tax policy can be used to regulate cigarette price in Ukraine. The people are found to be relatively insensitive to cigarette prices and cigarette taxes, even t hough of low magnitude, but the effect of cigarettes affordability is significant statistically. Similarly, Lee et al. (2005) concludes that price elasticity of cigarettes is approximated to be less than one, which implies that the tax will have some result in reducing cigarette consumption, although it will also generate further tax revenues. Moreover, Hidayat and Thabrany (2010) study the demand for cigarettes in Indonesia using a myopic addiction model and uses it to analyse the price elasticity of cigarette demand. They use an aggregated panel data structured from three waves of the Indonesian Family Life Survey over the period of 1993 to 2000. They claim that the short run and long run price elasticity of cigarette demand are estimated to be at -0.28 and -0.73 correspondingly. Price increases have a significantly negative impact on cigarette consumption. Increasing cigarette prices via excise taxes can control tobacco use and thus raise government revenue. They then conclude that excise taxes are more likely an efficient tobacco control rather than a key source of government revenue in the long run. Besides that, Lee (2008) conduct a study which analyses the readiness of current smokers to stop the smoking habit or reduce the consumption of cigarettes when experiencing an increase in tax of NT $22 per pack, which is a consequent rise of 44%. Lee uses cross-sectional study on 483 valid questionnaires conducted during a telephone survey from April to July 2004, targeting current smokers aging 15 years and above, around the 23 major cities in Taiwan. The methods that he uses to measure the elasticity in cigarette demand are the Tobit regression model and also the maximum likelihood method, and estimation results shows a price elasticity of -0.29 following the 44% increase in the cigarette price. Interestingly, the most significant response to the increase in price was found among women, smokers with low salary, smokers who are only moderately addicted, and smokers who purchase low priced cigarettes. Lee concludes that the smokers are relatively insensitive to a hike in cigarette pr icing, since the prices of cigarettes are low in Taiwan. Thus, a marginal increase in cigarette tax would consequently reduce cigarette consumption and thus also increase the cigarette tax revenue of the government and the income of cigarette merchants effectively. This result is consistent with the findings of previous studies by Townsend (1996) and Sissoko (2002) which reflects that the price has a major effect on cigarette consumption and consequently diseases caused by smoking, especially in low income groups. Progressive rise in cigarette tax rates offer a powerful contribution to policy for reducing cigarette consumption and generating extra government revenue. Consequently, when Ross and Al-Sadat (2007) evaluate income elasticity and the price on cigarette demand and also the effect of cigarette taxes towards cigarette demand and cigarette tax revenue within Malaysia, they find that income is positively connected to cigarette consumption. A 1% rise in real income boosts cigarette consumption by 1.46%. They use time series regression analysis for 1990 to 2004 applying the error-correction model. The per-capita consumption of domestic and imported cigarettes is calculated using the excise tax and import duties collected by the Malaysian government and the size of the adult population which are aged above 15 years old. The model estimates that a rise in cigarette excise tax from RM 1.60 to RM 2 per pack will effectively reduce cigarette consumption in Malaysia by 3.37%. They conclude that taxation is an effectual means for reducing cigarette consumption and deaths linked to tobacco while bringing up the revenue for the Malaysian government. According to Huang, Yang, and Hwang (2004), future cigarette consumptions will depend entirely on tax share, price and income elasticity of remaining heavy smoker. They use a panel unit root test to calculate the demand for cigarettes over the period of 1961 to 2002 for 42 states including Washington D.C. The cigarette data in this study is obtained from The Tax Burden on Tobacco published by the Tobacco Institute. They find that price and income elasticity are approximately -0.41 and 0.06. Other than that, a decrease in tax elasticity leads to decreasing price elasticity, and smaller tax shares seems to be interconnected to declining tax elasticity. This study shows an interesting implication, whereby cigarette consumption is a normal good to transfer payment recipients and wage earners, which however is an inferior good to the elderly population and stocks owners. In 2002, Hu and Mao examine a policy dilemma in China on public health against the tobacco economy through added cigarette tax. In order to analyse the impact of tobacco consumption and production towards government revenue and also to the entire economy, they use published data from 1980 to 1997. Imposition of cigarette tax increase will have a significant impact in generating extra central government revenue and reducing cigarette consumption. Therefore, increasing additional tax on cigarettes will be beneficial to the Chinese government from both the financial and public health perspective. Levy, Cummings, and Hyland (2000) use a simulation model to evaluate the effects of taxes on the smoking rate and smoking induced deaths. The method they use in their study projects the number of smokers and smoking attributable deaths from a baseline year of 1993. They find that increase in taxes is to reduce the percentage of the total population that smokes. Youth groups experiences greater effects. The effects of a tax hike tends to increase over time as younger individuals who are more responsive to price increase grows older, but federal and state taxes on cigarettes are currently set at a fixed amount per unit. Moreover, the price of cigarettes falls comparative to the purchasing power of the population as wages increase. These effects grow over time and lead to a substantial savings in lives and health care cost. Lanoie and Leclair (1998) investigate the relative ability of two anti-smoking policies which are taxes and regulations, in inducing a decline in cigarette consumption and in providing incentives to quit smoking. Based on a Canadian data over the period of 1980 to 1995, the results show that cigarette demand react to taxes with the elasticity of -0.28, not regulation. This result implies that the policies are both acting in a corresponding fashion to influence the incidence of smoking. In addition to that, Galbraith and Kaiserman (1997) analyses Canadian cigarette taxation and consumption within the period of 1980 and 1994. During that period, there is a large price rise and decline, and a dramatic increase in the consumption of the contraband tobacco products. In their study, they examine the elasticity of legal cigarette sales and total sales which include contraband with respect to the price of legal cigarettes and various other factors. They conclude that price elasticity regarding demand towards cigarettes tends to increase in absolute value over time, making taxation an increasing strong instrument with which to influence smoking behavior. In considering untaxed sales as well, it becomes clear that the sensitivity of total cigarette sales to the taxation instrument is much lower than would otherwise appear, and has fallen obviously. According to Meier and Licari (1997), a rise in federal tax is more successful than increases in state taxes in reducing tobacco use. Cigarette consumption drops when labels with health warnings were added. They use a pooled time-series analysis from the period of 1955 to 1994 with 50 states as units of the study. The effect of excise taxes on cigarette consumption for numerous different models and econometric techniques is asset to analyse the usefulness of state and federal taxes in bringing down the consumption of cigarettes and estimate the effect of government health warnings. Their study also shows how warnings and taxes interact. Tobacco control programs also has some impact towards the consumption of cigarettes as stated by Farrelly, Pechacek and Chaloupka (2003) that increase in tobacco control program expenditures reduce cigarette sales. Additionally, in reviewing the evidence on the effectiveness of comprehensive tobacco control programs, the recent Surgeon Generals Report on Reducing Tobacco Use concludes that comprehensive tobacco control programs work. Although these studies consistently suggest that state tobacco control programs decrease tobacco use, these studies can easily be confounded by changes in excise taxes, cross-border sales, and other factors. Nevertheless, Leu (1984) reveals that anti smoking advertisements in Switzerlands mass media has a significant permanent effect on cigarette consumption. It is a powerful instrument to reduce cigarette consumption. He claims that extended publicity, following the 1964 US Surgeon Generals Report, accompanying various tax increases which preceded by a public vote on an advertising ban for tobacco products, helps reduce consumption permanently by a total of 11%. It is also supported by Keeler et al (1993) who examine the impact of income, taxes, prices, and anti smoking policy on the consumption of cigarettes in California. They use a monthly time-series data throughout 1980 to 1990. He also declares that the effect of the increase in tax in the long run will be to decrease cigarette consumption. Anti-smoking regulations decreases cigarette consumption, and thus, it shows that consumers behave consistently with the model of rational addiction. CHAPTER 3 METHODOLOGY This chapter is to describe on the methods used in this study and the collection of data. It also explains the procedures used in collecting the data and the measurement of the variables. Thus, it provides a summary of expected result of the study. 3.1 Data types A time series data is used for the empirical analysis in this study. The data is collected annually over the period of 1998 to 2008. The types of data obtained are real price of cigarette, real income per capita, cigarette consumption, and also the aging population. 3.2 Data Source The secondary data is collected from the previous studies by other researchers. Mainly, the sources of data are from Departme
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